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Forex Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Countertrend Down (-85) - MXNCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid MXNCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
0.9979708 0.9979708 0.9979708 0.9979708 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 1.1739850

intermediate term down The intermediate-term trend has been DOWN since Jun 11th, 2020 at 1.0594758

short term up The short-term trend has been UP since Aug 7th, 2020 at 0.9919000

Smart Scan Analysis for MXNCZK

Based on our trend formula, MXNCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9979708 0.9979708 0.9979708 0.9979708 0.0000000
Prev. Close Volume Bid Ask Time
0.9979708 0.9975915 0.9983501 2020-08-08 05:33:00
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